Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 03-18-2024
Requesting Agency: Finance
Division:
Subject Matter Expert Name: April Hansen
Email Address: April.hansen@denvergov.org <mailto:April.hansen@denvergov.org>
Phone Number:
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A resolution approving a proposed Fourth Amendatory Agreement between the City and County of Denver and Willis Towers Watson Midwest, Inc. to provide professional services, including insurance marketing and placement, claims advocacy, monitoring of industry best practices and emerging risks, and other brokerage and risk management consulting and support services.
Amends a contract with Willis Towers Watson Midwest, Inc. by adding $103,000 for a new total of $553,000, to provide professional services, including insurance marketing and placement, claims advocacy, monitoring of industry best practices and emerging risks, and other brokerage and risk management consulting and support services, citywide. No change to contact duration (FINAN-2024772298 /201952931 / 202269515 / 202271277). The last regularly scheduled Council meeting within the 30-day review period is on 4-22-2024. The Committee approved filing this item at its meeting on 3-19-2024.
body
Affected Council District(s) or citywide?
Citywide
Contract Control Number:
FINAN-2024772298 /201952931 / 202269515 / 202271277
Vendor/Contractor Name (including any “DBA”):
Willis Towers Watson Midwest Inc
Type and Scope of services to be performed:
Insurance marketing and placement, claims advocacy, monitoring of industry best practices and emerging risks, and other brokerage and risk management consulting and support services reasonably required by the city.
Location (if applicable):
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
N/A
Are WBE/MBE/DBE goals met (if applicable)?
N/A
Is the contract new/a renewal/extension or amendment?
Amendment
Was this contractor selected by competitive process or sole source?
Competitive process
For New contracts
Term of initial contract:
Options for Renewal:
How many renewals (i.e. up to 2 renewals)?
Term of any renewals (i.e. 1 year each):
Cost of initial contract term:
Cost of any renewals:
Total contract value council is approving if all renewals exercised:
For Amendments/Renewals Extensions:
Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?
Cost
If length changing
What was the length of the term of the original contract?
What is the length of the extension/renewal?
What is the revised total term of the contract?
If cost changing
What was the original value of the entire contract prior to this proposed change?
$450,000
What is the value of the proposed change?
$103,000
What is the new/revised total value including change?
#553,000
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)